Paul J Singh

  • Primary Watchlist and Energy Stocks

    Here are the 25 stocks with the lowest float on my “top 100” primary watchlist. I would like to make a trade tomorrow (I have recently taken a refreshing break from trading). Focus will be on energy and drilling stocks that made it to my primary list. I see the…

  • Reliance Steel Earnings Setup

    Reliance Steel (RS), reports earnings this week and has a nice looking earnings setup. The stock is basing just under resistance, so a positive earnings report could set the stage for a breakout move to new high territorry. I will likely place a buy stop just above resistance.

  • Trades: EWZ and JOYG

    I am posting yesterday’s trades a day late due to computer problems. I bought 500 shares of JOYG at 62.04. As I noted on Monday, I was looking for a breakout with better than average volume above $62. I bought 500 shares of EWZ at $64.25. For quite some time,…

  • Chinks in the Armor: STLD

    STLD and other steel stocks have been momentum favorites of mine for quite some time. While many steel stocks still look solid (l MT and RIO to name a few), some noteworthy high flyers are showing chinks in the armor. This is not a good sign for the industry as…

  • SNCR: No Longer an Ideal Pullback Candidate

    I received an email from a reader who asked if today’s pullback in SNCR was an entry signal. My answer was a not so subtle, “Not on your life!” In last night’s chart post, I mentioned that I liked SNCR on a pullback. Those that have been reading me for…

  • Charts: JOYG, PCLN, SNCR, CMG, HANS

    I spent the weekend narrowing down the watchlist. Here are five stocks from various sectors that are near the top. I am not ready to enter any of these yet. Think like predator stalking it’s prey. Keep a close eye on the target and pounce when the moment is right.…

  • Google Forming a Negative Divergence

    While GOOGLE (GOOG) made my long position trading watchlist (entry at 50 day moving average), I could not help but notice the startling RSI, OBV and stochastic divergences that have formed at the current new highs. For those who don’t know, a negative divergence forms when price increases while the…

  • What if your pullback play goes against the overall market?

    I recevied the following question from a reader. It’s a tough one to answer, as I have no hard and fast rule on the topic. I wanted to know if you will enter pullbacks that look good even if the market was strong during the pullback? Basically say the DOW…

  • Trades Galore: SRDX, OII, MT, EWZ, RIO and NILE

    I was a little nervous as to how the markets would react this holiday week, especially when you take into account that I was holding 7 positions over the weekend. I used today’s bounce to unload almost all of my existing positions. Since we are at the halfway point of…

  • Chart: JOYG

    JOYG is on my primary watchlist. If you are all willing to take on a bit more risk, the stock can be bought now with a stop under the 50 day moving average. Those who are more patient and willing to miss out on the stock if it makes a…

  • Today’s Trade: SRDX

    I bought 500 shares of SRDX at 45.54 (I noted this in the comments of my last post, but didn’t get to post it here). As I stated last night, SRDX was setup as a short squeeze play: SRDX, a drug stock, broke out over price and moving average resistance…

  • Short Squeeze Play: SRDX

    SRDX, a drug stock, broke out over price and moving average resistance on huge volume today. While that’s fine and dandy, what’s really interesting is that it has a 30 percent short interest ratio. To put this number in perspective, breakout stocks make my short squeeze setup if the ratio…

  • Today’s Trades: OII, HEI and MT

    Today I took positions in three of the six stocks that I posted on my primary watchlist last night. All three are pullback plays in trending stocks. Due to the current nature of the market, I cut my normal position size in half for these trades. I bought 250 shares…

  • Primary Watchlist for Wednesday

    Here are six of my favorite long candidates: VRGY, HEI, JCG, CYNO, OII, MT. All are trending stocks with nice pullbacks. While these are short term trade opportunities, MT and OII (two of my favorites in their respective sectors-steel and gas equipment) will be buys for my longer term position…

  • Market Technicals

    The S&P 500 is at a critcal juncture, already having broken below the 50 day moving average and now ready to test recent lows. If we see a breakdown below 1487, we officially will be in a short to mid term downtrend. A violation of this level would also signal…

  • Today’s Trade: EWZ

    I took a small nible in EWZ at the close yesterday, with a 300 share position $60.35. I’ve placed a mental stop just under $60, with an initial target at the recent all time high, around $63. I’ll look to add more if it can break into new high territory.…

  • Video: Sector Review

    Video: Sector Analysis http://flash.revver.com/player/1.0/player.swf http://one.revver.com/watch/312529/flv/affiliate/93676 Video Summary: When the market has a bad week, I like to focus on sectors that held up well. This week there were 17 sectors that posted one percent or more gains. Of these sectors, the ones that interest me are: industrial equipment, internet information,…

  • Sector Review

    Monday morning I will post a video webcast featuring my analysis of the top performing sectors last week. Here is a quick summary. When the market has a bad week, I like to focus on sectors that held up well. This week there were 17 sectors that posted one percent…

  • Trade: RIO and Entry Point Precision

    I bought 500 shares of RIO at $44.65. This is a simple “trend pullback” trade. The stock has been on a steady trend that has bounced off of every pullback to the 50 day moving average. I am a bit concerned about the heavy volume on this pullback, so I…

  • Trade: NILE

    I sold 200 shares of NILE at $60.50 for a $410 gain (+3.5%). I am still holding the remaining 200 shares from yesterday’s trade, and have moved my stop to the entry point ($58.45). This locks in my current $410 gain, while “letting the rest ride”.

  • Today’s Trade: NILE

    I bought 400 shares of NILE at $58.45. The stock made it to my “low float high short interest breakout” watchlist yesterday (also discussed in the video webcast). My stop will be in the around $56 range.